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Jan 14, 2013
01/13
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but i talked to several fed officials about prior debt ceiling showdowns, and they said the fed said there would be no way to proceed without money in the treasury. we'll see what president obama says in his press conference, if he ratchets up the rhetoric this morning. he's been clear he would negotiate only spending cuts, but not in context of the debt ceiling debate. simon? >> okay. >> steve, are we all agreed on what the word default means in this case? we're going to be talking about it an awful lot. >> great question, carl. it's a political question. you can default on the interest payments, and that's a sort of, i guess the technical or legal version of default. or you can default on obligations. in other words, the government incurs a debt, but doesn't pay it. that's of a different order of magnitude from defaulting on the interest payments on the debt. in general, the white house wants you to believe that default is everything. and it's a terrible, terrible thing to happen. where as i think the republican point of view is more narrow, that you can default on other payments a
but i talked to several fed officials about prior debt ceiling showdowns, and they said the fed said there would be no way to proceed without money in the treasury. we'll see what president obama says in his press conference, if he ratchets up the rhetoric this morning. he's been clear he would negotiate only spending cuts, but not in context of the debt ceiling debate. simon? >> okay. >> steve, are we all agreed on what the word default means in this case? we're going to be talking...
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Jan 15, 2013
01/13
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president obama again rejected any negotiation with republicans over the debt ceiling. i love the debt clock. it's almost as fast as the amount of money they're going to earn tr nike. >> and is we'll talk about that. >> meanwhile, fed chairman ben bernanke speaking monday warned the u.s. economy isn't out of the woods yet and is still at risk from political gridlock. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it doesn't create new deficits, it doesn't create new spending. so not raising the debt ceiling is sort of like a family trying to improve its credit rating saying, i know how we can save money, we won't pay our credit card bills. not the most effect of way to improve your credit rating. >> ben bernanke says the u.s. economy appears to be willing to raise the debt ceiling. it's downplaying fierce that this could lead to higher inflation. >>. >> what do you think? >> well, i think, you know, what we've seen in the beginning of the year, like the solution of the fiscal cliff for the
president obama again rejected any negotiation with republicans over the debt ceiling. i love the debt clock. it's almost as fast as the amount of money they're going to earn tr nike. >> and is we'll talk about that. >> meanwhile, fed chairman ben bernanke speaking monday warned the u.s. economy isn't out of the woods yet and is still at risk from political gridlock. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its...
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Jan 18, 2013
01/13
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we will talk with two bears, scott smith and stephen benjamin. also bill adair and how president obama is delivering on campaign promises. and jack buckley and tom loveless of the brookings institution. like every day at 7:00 eastern on c-span. -- live every day at 7:00 eastern on c-span. >> it was an important period of history. i felt their perspective should be brought to bear. there has been some other points of the crisis that was not entirely accurate. i thought it was an important for the historical record to present our perspective. i think currently for people to understand there were different policy options, disagreements. if we want to prevent another crisis from happening again, i felt the public needed to engage more on financial reform and educate themselves better and make it an issue with their elected officials. i tried hard to make the book accessible. >> the former head of the fdic, sheila bair on the worst financial crisis since the great depression. &a."y night on c-span's "q the american bankers association predicts weak gr
we will talk with two bears, scott smith and stephen benjamin. also bill adair and how president obama is delivering on campaign promises. and jack buckley and tom loveless of the brookings institution. like every day at 7:00 eastern on c-span. -- live every day at 7:00 eastern on c-span. >> it was an important period of history. i felt their perspective should be brought to bear. there has been some other points of the crisis that was not entirely accurate. i thought it was an important...
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Jan 13, 2013
01/13
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well, this is an appropriate day, talk about regulating the disaster because last night president obama promised once more to develop the entity sources of the future. now, when any administration, republican or democrat, decides to develop energy projects, taxpayers had better watch out. governments get in the business of picking winners and losers which leads to cronyism and wasted taxpayer dollars. this is a question of industrial policy. whether the government should support business in new technologies that are unable to secure private funding. government appears to be worse at this and private, from the records we have over the past five years. in contrast, industries in california in may, mitt romney said, quote, the president doesn't understand when you invest like that in one solar energy company, it makes it harder for solar technology generally, because the scores of other entrepreneurs in the solar field suddenly lost the opportunity to get capital. who wants to put money into a solar company when the government puts half-billion into one of its choice? excellent question. a
well, this is an appropriate day, talk about regulating the disaster because last night president obama promised once more to develop the entity sources of the future. now, when any administration, republican or democrat, decides to develop energy projects, taxpayers had better watch out. governments get in the business of picking winners and losers which leads to cronyism and wasted taxpayer dollars. this is a question of industrial policy. whether the government should support business in new...
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Jan 20, 2013
01/13
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MSNBC
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in 2007, senator obama decided to take the leap and run for the white house. >> we had a meeting to talk through whether should run, and michelle said to him, what do you think you can contribute that no one else can contribute? and he said, there are two things i know for sure. the day i get elected, i think the world will look at us differently. and i think millions of young people across this country will look at themselves differently. >> he always said that he didn't think that the outcome of the race would depend upon the color of his skin. he thought that the american people would make their decision based on who they thought was best positioned to lead our country. >> obama saw that his youth, he was only 45, his early opposition to the iraq war, and yes, his race could work in his favor. he believed he could win. >> if you sense, as i sense, that the time is now to shake off our slumber and slough off our fears and make good on the debt we owe past and future generations, then i am ready to take up the cause and march with you and work with you. today, together, we can finish th
in 2007, senator obama decided to take the leap and run for the white house. >> we had a meeting to talk through whether should run, and michelle said to him, what do you think you can contribute that no one else can contribute? and he said, there are two things i know for sure. the day i get elected, i think the world will look at us differently. and i think millions of young people across this country will look at themselves differently. >> he always said that he didn't think that...
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Jan 21, 2013
01/13
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FBC
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we're talking about that next. plus, a big hospital finally reopening after superstorm sandy. >> how did you feel when the hurricane hit and they had to close the hospital? >> very nervous. all that kept going through in my mind is where am i going to have my baby? i was comfortable coming here. i was very nervous, and then the first day that you guys opened, and my water breaks. [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. stuart: remember the iconic gaming system that introduced games to the world? filed for chapter 11 bankruptcy for its u.s. unit. it plans to start selling in the next few months so it can split from its parent company info games. atari started to make some money after a move to m
we're talking about that next. plus, a big hospital finally reopening after superstorm sandy. >> how did you feel when the hurricane hit and they had to close the hospital? >> very nervous. all that kept going through in my mind is where am i going to have my baby? i was comfortable coming here. i was very nervous, and then the first day that you guys opened, and my water breaks. [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business....
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Jan 18, 2013
01/13
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he talked about he wanted to see a bill early on. now he has introduced ideas for gun control. he has another debate over fiscal policy. what does leadership mean in your mind? what to do you want to hear in the state of the union? or is there a better idea something would come from the senate and the president would take a support role? >> it is a good question. part of the problem -- the answer is not another great speech about immigration reform. we need action. this is what happens when immigration reform is important but it is not the number one issue. you can keep on telling it the could you have to take care of the fiscal cliff, which looks like it will go all the way to the end of that term. i do not think it's going to be over soon. guns, i think that has surpassed immigration reform on priorities. i'm not making a judgment. i'm trying to state some facts. you are right, and this has to become the number-one priority for the president and congress, get people together and say we are going to fix this problem. it has to be more than a couple of nice sentences. >> i woul
he talked about he wanted to see a bill early on. now he has introduced ideas for gun control. he has another debate over fiscal policy. what does leadership mean in your mind? what to do you want to hear in the state of the union? or is there a better idea something would come from the senate and the president would take a support role? >> it is a good question. part of the problem -- the answer is not another great speech about immigration reform. we need action. this is what happens...
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Jan 15, 2013
01/13
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FBC
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president obama saying that he is not negotiating it. he says he is willing to talk about deficit reduction, perhaps modest reduction to healthcare spending. as long as it comes with curbing loopholes and tax reductions for wealthier individuals. congress should just do it. back to you. connell: let's bring in dylan glenn. former advisor to george w bush. rich said that republicans have reasons for not having this meeting today. the president is standing back and think i am not negotiating on this and the republicans are all over the map. >> i do not think that this is a big deal. i do not see that as a big issue. what is coming out of this weekend retreat is far more important. connell: i would like to be a fly on the wall for that. >> also what is important is to remember how we got here. he has run trillion dollar deficits for the past four years of his administration. you have to pass a budget in the united states senate. he will be doing his sort of constitution getting a budget up to the congress. this is a challenge. we have to ha
president obama saying that he is not negotiating it. he says he is willing to talk about deficit reduction, perhaps modest reduction to healthcare spending. as long as it comes with curbing loopholes and tax reductions for wealthier individuals. congress should just do it. back to you. connell: let's bring in dylan glenn. former advisor to george w bush. rich said that republicans have reasons for not having this meeting today. the president is standing back and think i am not negotiating on...
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Jan 14, 2013
01/13
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FBC
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. >> he is client and interested in talking to him too. >>> president obama urging congress to raise the debt ceiling to raise the budget and avoid another economic crisis. rich edson at the white house with details. hey, rich. >> good afternoon, tracy. president obama said will not entertain any other options on the debt ceiling except congress raising it without attached. congress ordered him to spend the money and must correspondingly raise the debt ceiling. he signed the president into law as levels generally below what he requested in his budgets. house republicans say they want any increase in the debt ceiling to be accompanied by spending cuts that exceed the amount of the debt ceiling increase. president obama said the election settled that. >> if we want to have a conversation about how to reduce our deficit, let's have that. we've been having that for the last two years. we had an entire campaign about it. and by the way the american people eye greed with me. that we should reduce our deficits in a balanced way that takes into account the need for us to grow this economy an
. >> he is client and interested in talking to him too. >>> president obama urging congress to raise the debt ceiling to raise the budget and avoid another economic crisis. rich edson at the white house with details. hey, rich. >> good afternoon, tracy. president obama said will not entertain any other options on the debt ceiling except congress raising it without attached. congress ordered him to spend the money and must correspondingly raise the debt ceiling. he signed...
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Jan 14, 2013
01/13
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CNNW
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president obama, maybe we'll talk hip-hop as well, in a final formal news conference before he takes the oath of office here in his second term spoke this morning, pushing for support on raising the debt ceiling. >> and republicans in congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. >> so the president says there will be no ransom, you heard him say no bargaining chip in this whole debt ceiling debate. the deadline to raise that ceiling is approaching quickly. some members in congress say they're willing to shut down the government to avoid raising that limit now. joining me now is ben stein. nice to have you in person. >> honored to be here. i'm very sorry the weather is
president obama, maybe we'll talk hip-hop as well, in a final formal news conference before he takes the oath of office here in his second term spoke this morning, pushing for support on raising the debt ceiling. >> and republicans in congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the...
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Jan 18, 2013
01/13
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CSPAN
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hosts by criticize obama. after reading your article, i found out what i hear on a rush limbaugh and the michael savage show was absolutely a lie. host: you give us an example? caller: a whole solyndra tuition. i found out the facts by reading your article in our local paper. the whole solyndra thing started with the bush administration. guest: thanks for the kind words. i am glad that you are reading them in your local paper one thing we are trying to do, as much as we can, is get our work out in different ways. we have partnerships with television stations. have partnerships with newspapers. the one you are read for into in atlanta uses the truth-o-meter on state and local officials. i am glad to hear you are reading our work and their work and i am happy our word is getting out host:politifact looked at issues -- looks at issues like energy. what to do find overall? guest: a lot of that area was included in the economic stimulus bill. it was a big grab bag, $787 billion of goodies that included many things
hosts by criticize obama. after reading your article, i found out what i hear on a rush limbaugh and the michael savage show was absolutely a lie. host: you give us an example? caller: a whole solyndra tuition. i found out the facts by reading your article in our local paper. the whole solyndra thing started with the bush administration. guest: thanks for the kind words. i am glad that you are reading them in your local paper one thing we are trying to do, as much as we can, is get our work out...